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E-tailing also known as electronic retailing/internet retailing. It is the process of selling retail goods and services electronically particularly over the internet. E-tailing include business-to-consumer (B2C) and business-to-business (B2B) transactions without any intermediaries through website, or through advertisement. E-tailing offers a wide range of products and services to consumers under two categories e-retailers – pure-play e-retailers— stores that uses internet as its primary means of retailing and do not use any physical outlet for consumers— and brick and click e-retailers— stores with physical presence along with internet platforms to sell its goods and services.
The global e-tailing market is estimated to witness a CAGR of more than 18% during the forecast period 2023-2031. The substantial market growth is attributed to factors like integration of technology and businesses, increasing penetration of internet across the world coupled with shifting preference of customers towards internet buying and availability of wide range of products and services on single platform with easy accessibility and affordable pricing.
Impact Study of COVID-19 on the E-Tailing Market
Due to the on-going COVID-19 pandemic situation, customers’ inclination towards online shopping is growing since consumers are less likely to prefer shopping at brick-and-mortar shops and due to impacted supply chain physical shops are not functioning at their full capacity. Hence, obvious impact on the market is expected in regions such as Europe and North America. However, lack of advancement in technical infrastructure in the rural areas of China, India, and Brazil is expected to restrain the growth of the market during the forecast period.
Segmentation Overview of the Global E-tailing Market
The global e-tailing market is segmented on the basis of Product Type, Organization Size, Model Type and Service Type. These major market segments are further categorized into various sub-segments to study the market in detail.
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Key Players Insights
Walmart Inc., The Kroger Co., The Home Depot, Taobao, Otto (GmbH & Co KG), Rakuten, Inter IKEA Systems B.V., JD.com, Inc., eBay Inc., Ebates Inc., Coupang Corp., Best Buy, Amazon.com, Alibaba Group Holding Ltd. and Albertsons Companies, Inc. among others are some major players included in the research study of the global e-tailing market.
Research Report on the Global E-tailing Market Include: